Hi @speculator101
I see this is now cheap compared to its peak at 35 cents in January but if they still need to raise more money, lets say another $20 to $30 million @ 5 cents(based on the previous discounted rate) wouldn't buying at today's prices mean your investments will lose 20 to 25% of value?
Not to forget that the company will have to issue another 500,000,000 to 600,000,000 shares and dilute the value of existing holdings?
Cheers
LP
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Last
64.5¢ |
Change
-0.045(6.52%) |
Mkt cap ! $1.201B |
Open | High | Low | Value | Volume |
69.5¢ | 69.8¢ | 64.0¢ | $4.335M | 6.505M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25931 | 64.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
65.0¢ | 22139 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25931 | 0.645 |
3 | 3921 | 0.640 |
3 | 55722 | 0.635 |
5 | 61052 | 0.630 |
2 | 47722 | 0.625 |
Price($) | Vol. | No. |
---|---|---|
0.650 | 22139 | 1 |
0.655 | 46722 | 1 |
0.660 | 55722 | 2 |
0.665 | 46722 | 1 |
0.670 | 46722 | 1 |
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